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The Philippines Real Estate 8-year Pricing Surge
Due to strong economic growth, the residential real estate market in the Philippines continues to perform well. Prices are not high, returns are good and the Philippine economy is in its eighth year of strong growth.
Foreigners’ Real Estate Rental Income Tax in the Philippines
Nonresident (i.e. whose stay in the country does not exceed 180 days) foreigners are liable to tax on their Philippine-sourced income. Nonresident foreigners are classified depending on business activities and the applicable tax rules depend on this classification:
Philippines Inheritance Tax Laws
We look at inheritance from a taxation perspective, and what inheritance laws apply to foreigners leaving the property in the Philippines as well as what restrictions there are and whether making a will is advisable.